Not logged in : Login

About: Broker's call     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:Charge113306870, within Data Space : ods-qa.openlinksw.com:8896 associated with source document(s)

aBroker's call, also known as the Call loan rate, is the interest rate relative to which margin loans are quoted. Individuals may borrow on margin a part of the funds they use to buy their securities from their broker. The broker, in turn, may borrow funds from a bank (with an agreement to repay the bank immediately on call). The rate paid on such loans is usually based on a benchmark such as LIBOR plus the brokers own margin which typically ranges from about 0.75 – 3.5%.

AttributesValues
type
sameAs
wasDerivedFrom
dbpedia-owl:abstract
  • aBroker's call, also known as the Call loan rate, is the interest rate relative to which margin loans are quoted. Individuals may borrow on margin a part of the funds they use to buy their securities from their broker. The broker, in turn, may borrow funds from a bank (with an agreement to repay the bank immediately on call). The broker has a base rate which is usually the Broker's call rate. The broker's rate is published daily in publications such The Wall Street Journal and Investor's Business Daily. Depending on the amount borrowed the effective rate will have a percentage added or subtracted with the lowest rates for the most money borrowed. The dollar categories and amounts that are added or subtracted varies with the broker. The rate paid on such loans is usually based on a benchmark such as LIBOR plus the brokers own margin which typically ranges from about 0.75 – 3.5%. Since the Late-2000s financial crisis and consequent bank runs that caused dislocation in overnight borrowing rates (i.e. the effective achievable deposit rates for spare cash) the Futures Commission Merchant's have moved away from LIBOR reference and have taken to pricing relative to each exchange's specific margin deposit rate (i.e. on IntercontinentalExchange (ICE) this is the deposit rate 'IDR').
dbpedia-owl:wikiPageExternalLink
dbpedia-owl:wikiPageID
dbpedia-owl:wikiPageRevisionID
comment
  • aBroker's call, also known as the Call loan rate, is the interest rate relative to which margin loans are quoted. Individuals may borrow on margin a part of the funds they use to buy their securities from their broker. The broker, in turn, may borrow funds from a bank (with an agreement to repay the bank immediately on call). The rate paid on such loans is usually based on a benchmark such as LIBOR plus the brokers own margin which typically ranges from about 0.75 – 3.5%.
label
  • Broker's call
dbpprop:wikiPageUsesTemplate
described by
http://purl.org/li...ics/gold/hypernym
Subject
is primary topic of
dbpedia-owl:wikiPageLength
dbpedia-owl:wikiPageWikiLink
is sameAs of
is topic of
is primary topic of
is dbpedia-owl:wikiPageWikiLink of
Faceted Search & Find service v1.17_git55 as of Mar 01 2021


Alternative Linked Data Documents: ODE     Content Formats:       RDF       ODATA       Microdata      About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 08.03.3322 as of Mar 14 2022, on Linux (x86_64-generic-linux-glibc25), Single-Server Edition (7 GB total memory)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2024 OpenLink Software